"The ski patrol and nearby witnesses immediately responded to the scene and rescued two skiers who had been buried by snow," the statement said. "The skiers received medical attention at the ski valley and were then swiftly transported to local medical facilities."

The men, both of whom have not been identified, were then taken to the resort's Mogul Medical Clinic before being transported to more advanced medical facilities to be treated for their injuries, the Santa Few New Mexican reported.

A skier transported to Holy Cross Hospital died from his injuries, the hospital CEO confirmed to the Santa Fe New Mexican. The second man was transported by helicopter to the University of New Mexico Hospital in Albuquerque. He was in critical condition.

On Thursday afternoon, rescuers determined that there were "no additional victims."

An eyewitness who spoke to Taos News under the condition of anonymity likened the moment on the slopes to an earthquake.

"I see two people trying to come down and a third person on the left. They were really good skiers it looked like," she said. "I turned my back to put my bindings on ... and then I heard a sound. It sounded like an earthquake coming."

On Twitter, Taos Ski Valley said that it's unclear what caused the avalanche, but an investigation will be launched.

"The safety of our guests and staff is of the utmost importance to us," the statement on Twitter said. "Our thoughts and support to all those involved including guests, witnesses, and first responders."

On Friday, the resort tweeted a follow-up statement.

"Our hearts are with the individuals, their family, and friends, as well as the larger community that has been affected, including other visitors and our dedicated staff," the tweet said.